1095-A tax credit was not reported in error for 2020 and IRS already accepted e-filing. Is there a way to calculate pay ahead to avoid penalty?

[hsim1]

Form 1095-A was lost but just found and  shows two months of tax credit received. This was not included in the 2020 filing. Is there a way for me to calculate the error and send the amount to IRS to avoid penalty?

[Cass0317]

You will receive a notice from the IRS requesting you to provide Form 8962. TurboTax will assist you in completing Form 8962 using the information you have on Form 1095-A.  This link The IRS is requesting Form 8962 for 2020 has the directions on filing Form 8962 that will assist you in filing Form 8962.

"Expert Alumni LeonardS"

You may also see the link below for more information:

When should you include Form 8962 with your tax return?

[hsim1]

Cass0317, am grateful for your reply. Will do.